Baba Farid Sugar Mills Ltd. reported unaudited earnings results for the first quarter ended December 31, 2017. For the quarter, sales net were PKR 197,370,138 compared to PKR 462,431,760 a year ago. Operating profit was PKR 997,913 compared to PKR 50,094,875 a year ago. Loss before taxation was PKR 39,287,079 compared to profit of PKR 20,137,689 a year ago. Loss after taxation was PKR 24,418,015 or PKR 2.58 per basic and diluted share compared to profit of PKR 27,645,074 or PKR 2.93 per basic and diluted share a year ago.